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Search Results 0 to 12 of about 13 (some duplicates have been removed)
the dictator and they haven't had the jobs in 18 months. were they angry at now? the united states. gerri: we are a target, that's for sure. michael? >> that's not correct. what they wanted was us out of the region out of posy -- >> we have to realize that these people have been emboldened because president bush and obama chose to lose two wars. >> look, we are dealing with religious fanaticism. we have an ambassador in libya that are happening that helping the people put together the purpose of the attacks, which is to cause the united states to pull back from the region and pullback from vital interest that we have there, protecting israel and securing supplies of oil and natural gas from the producing countries. that is what they want. as this spreads across the region, it can have a profound economic impact worldwide as we see the price of oil already going on. gerri: absolutely. there are all kinds of impacts. i want to talk about the president today. telling telemundo that egypt is not an ally. would you make of that k.t. mcfarland? >> does is really tearing through. we thought qadhafi
. there's no way you can shut down outrageous speech in the country of the united states, it's going to happen, but if the responsibility of responsible officials in egypt and other countries throughout the world to take actions to protect embassies and they are the ones who are responsible, and the extremists sure -- stirring up the crowds are responsible. talking about the video really is to distract from the real problem. gerri: you have a lot of experience in these proceedings as deputy secretary of defense under george w. bush. people staid it's bush's fault the arab world is in unrest today. do you agree? how do you respond? >> i don't at all. look, these extremists were breeding in the arab world for years under horrible dictators. 9/11 happened with basically before george w. bush even appeared, and i believe in fact that the dictatorships of the arab world gave credit the to the extremists who attacks the governments for denying freedom to their people. sooner or later, those governments collapse both because of age and also, frankly, because ashes want freedom as well, and
should be the response to this? >> well, the united states cannot afford to flee under fire. in libya, i think president obama's actually doing the right thing by sending in additional marines and maintaining our dip -- diplomatic presence. e just a minute -- egypt is another question, however. it's the accountability at best that the egyptian government was negligent. the idea that the united states has to subsidize governments like this is a question which many people ask back in washington. gerri: michael, we are subsidizing that government. as a matter of fact, we decided to forgive a billion of debt they owe us. >> well, one of the big policy questions that's looming over the horizon is whether egypt is too big to fail much since the arab sprang began, egypt lost more than two-thirds of the hard currency reserves. initially, the arab spring was about economics, accountability, corruption. it's clear that islamists have hijacked it. they were caught by as much surprise as the united states has. the question is if we keep subsidizing the egyptian government, do we, in effect, give the
in the united states has been a nation that respects all faiths. we reject all efforts to denigrate the religious beliefs of others. but there is absolutely no justification in this type of senseless violence. none whatsoever. >> it is obvious that the united states government had absolutely nothing to do with this video. gerri: what you make of this? >> this is disgraceful. we have nothing to apologize for. finally from the white house had to come out and expose their lies that the libyan attack was premeditated, it was a terrorist attack and had nothing to do with the video. the fact of the matter is the apology by the president of the united states, the secretary of state has made us more vulnerable to further attacks, the excuse that they wanted us to believe, and now, our president has been the excuse to be valid for the attacks that we are seeing, not only in libya, but the attacks that we have seen in egypt on our embassy and throughout the middle east. gerri: john, i would like to turn to you. the administration appears to be changing its tune on the cause of this attack. ja
, i think no one really fears the united states in that region. they have basically discounted the american president and he goes to the united nations and says that bashar al-assad -- he said that 13 months ago, he is still saying the same things about syria. we have done nothing about this eerie intensity and things are what they seem to us. cheryl: one thing he has done with the issue of syria, he has put hillary clinton as the face. mostly she is not going to be a secretary of state. do they know that in the muslim world? do they see her as a credible person? >> i'm glad that you took us there. secretary of state quinten stop in south africa and there was a scene of her cutting a rug on a dance floor in south africa. people look at this as ridiculous. secretary clinton has been running the clock on the syrian people. we do nothing about syria. if we do want to help them, we would on them. we went with them. we would come to the rescue. we just want them to wait. cheryl: but maybe the russians to that, doctor. maybe the russians are stepping into syria. >> exactly. the frien
is that the united states went through a period where there was a sharp contraction through government. i am talking about the end of world war ii. since we have this. brief and cutbacks in government spending, the recession was painful but very brief and then we entered into a period of prolonged prosperity. we can't afford deep cutbacks and spending. we cannot afford very big increases by taxation. gerri: big increases by taxation. will that create another recession? there are lots of signs that we are going there already. >> that is true. we had indications of a worsening of business activity in europe and china. this is beginning to hurt u.s. exports. u.s. consumers and businesses, themselves, are shying away from major expenditures, especially business in terms of capital spending until fiscal cliff uncertainties are resolved. we are not going to resolve those uncertainties until we get the election out of the way. that is why these upcoming presidential debates and october will be of the utmost importance and they very much they have the power to move financial markets considerably. gerri: wow
the united states but is lower and lower. this is not a place for companies want to come. lori: what should we be spending in regulatory costs given are lackluster pay? >> it's going to get worse before it gets better. the administration's different after the election and an enormous amount of regulatory activity. the right thing to do is actually just sort of stop issuing new regulations for a while. take a timeout. then put in a system where if you want to add a regulation something else has to go. you're forced to pick and do it wisely. certainly congress there is no escape. we're hurting the economy. unless we change the laws, the regulations that implement them will state. lori: can you tell me or is it fair to suggest that these burdensome costs are actually shaving points of gdp? >> there is no question about that. again, if i told you there have been a $500 billion tax increase will be talking and howard slow gdp growth. we know the debt burden is slowing gdp growth. its other shock that we are crawling along at something under one-and-a-half percent because we have an economy that
in the 1970's and the united states the government spends and regulated too much. when the economy slow down, the federal reserve at the time lower interest rates and tried to choose the economy. what we ended up with was inflation and slow growth. the fed cannot create jobs. all it can do is create money. eventually if you create too much money you create inflation, and that will harm the economy in long run. i sure hope we don't have qe for. cheryl: you can believe that they're going to bring up inflation if it rears its ugly head commanded by peace center. thank you very much. good to talk to you always. >> thanks. cheryl: we want to know what all of you think. here's a question. the best way to reduce the deficit? higher taxes, spending cuts, or both? log onto gerriwillis.com and on the right hand side of the screen. ellis said the results of the end of tonight's show. meanwhile, that same survey of business economists shows that obamacare will not bring down costs. fat, they say it will severely hurt the economy in the long run. elizabeth macdonald here with the story. cheryl: a very im
that. that is what comes with a hothouse industry, this industrial fallacy, the nanny state, and frankly, bailing out the unit because it puts feet on the ground for mr. obama when he's running for office. >> peter, i knew you would speak your mind. i wasn't worried about that. thank you for coming on tonight. >> take your. gerri: if you are fired up about this or any other issues on the program, drop me an e-mail at gerri@foxbussiness.com. >> coming up on "the willis report", solar installations are soaring in the u.s. but what is the key for taxpayers? with their dollars on the line. gerri is following every cent. the streak is over as president obama tops ronnie's fundraising last month. it is this just a blip in the money race or should the romney team start to worry? our political panel reacts. as we move closer to election day, this documentary has become a blockbuster hit. the author of "obama's america" is here to discuss his book. so anyway, i've been to a lot of places. you know, i've helped a lot of people save a lot of money. but today...( sfx: loud noise of larg
Search Results 0 to 12 of about 13 (some duplicates have been removed)